Which of the Following Can Be the Basis for an Accountant's

question 50

Multiple Choice

Which of the following can be the basis for an accountant's liability under state law?

• A) Contract law and negligence,but not criminal law
• B) Tort law,contract law,and criminal law
• C) Negligence,criminal law,and strict liability
• D) Intentional torts and negligence,but not contract law

---

Definitions:

Dodd-Frank Act

Formally known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, a comprehensive piece of financial reform legislation passed in 2010, aimed at reducing risks in the U.S. financial system.

Convictions

Firmly held beliefs or strong persuasions towards particular principles or courses of action.

Cause-Related Marketing

A marketing strategy wherein businesses align with social causes to generate business benefits and social impact simultaneously.

Social Concern

The attention or care directed towards societal issues and the wellbeing of the community at large.